Earable Neuroscience, a Boulder, CO-based tech company focused on building a neuroscience ecosystem, received an investment from Samsung Ventures.
The amount of the deal was not disclosed.
Led by CEO Tam Vu, Earable is a tech company building a neuroscience ecosystem for everyday life. Its FRENZ Brainband is an AI-powered consumer wearable that can track and stimulate brain activities for sleep, focus, and relaxation. It tracks and stimulates brain activity by delivering real-time personalized audio content through integrated bone-conduction speakers. The core technology was developed by scientists at the University of Colorado (USA) and Oxford University (UK), with 15 global patents.
Earable shipped the first batch of product to its customers in May 2023. The company has plans to initiate a Series A fundraising round in Q4 2023 to expand its operation, scale up product delivery and expand product portfolio.
FinSMEs
21/06/2023